As the Central Bank of Nigeria (CBN) moved to clear dollar backlogs owed to foreign airlines operating in Nigeria, Naira slipped to an all-time low against the United States dollar across forex markets on Tuesday Premiumtimes reports.informationguidenigeria
According to data published by FMDQ, naira closed Tuesday at N1,482.57 per $1 at the official market. The rate represents 10 per cent depreciation from N1,348/$1 the domestic currency traded in the previous session on Monday.JAMB Result
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It also depreciated further at the unauthorised market on Tuesday amidst lingering dollar scarcity and high demand.JAMB Portal
The dollar was exchanged at N1,491.00 per $1 at the black market segment, according to parallel market rates posted on Tuesday.NYSC Portal
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